Endless Possibilities in Morro Heights! This expansive corner lot offers exceptional versatility with two separate homes on a spacious 9,400 sq. ft. lot. The primary residence features 2 bedrooms and 1 bathroom, while the secondary unit is a 1 bedroom, 1 bathroom—perfect for rental income, extended family, or a private guest retreat. Located in desirable Morro Heights, you're just blocks away from Morro Bay's historic downtown, charming shops, restaurants, and the stunning Morro Bay State Park. Whether you're looking to build your dream home with a detached rental unit, renovate and maximize rental income, or explore adding a third unit (buyer to verify with the City of Morro Bay),this property offers a rare opportunity in a neighborhood evolving toward the future.
Sold for $1,054,000 on 08/15/25
Listing Provided by:
Stanley Craig DRE #00995466 805-235-0514,
BHGRE HAVEN PROPERTIES
$1,054,000
998 Balboa St, Morro Bay, CA 93442
3beds
896sqft
Single Family Residence
Built in 1949
9,400 Square Feet Lot
$1,042,000 Zestimate®
$1,176/sqft
$3,427 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 04:21pm
Listing Provided by:
Stanley Craig DRE #00995466 805-235-0514,
BHGRE HAVEN PROPERTIES
Bought with:
Renee Neel, DRE #01942360
RE/MAX Success
Amy Austin, DRE #02180500
GUIDE Real Estate
Source: CRMLS,MLS#: SC25108161
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathtub, Full Bath on Main Level, Laminate Counters, Tub Shower
Kitchen
- Features: Kitchen/Family Room Combo, Laminate Counters
Cooling
- None
Appliances
- Included: Electric Range, Gas Range, Gas Water Heater, Water Heater
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside
Features
- Laminate Counters, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Flooring: Carpet, Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 896 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Driveway, Garage Faces Front, Garage, RV Access/Parking, One Space
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Up Stairs
- Patio & porch: Deck
- Pool features: None
- Spa features: None
- Fencing: Fair Condition,Wood
- Has view: Yes
- View description: Hills, Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 9,400 sqft
- Features: Back Yard, Corner Lot, Front Yard, Gentle Sloping, Near Park, Sprinklers None
Details
- Additional structures: Guest House Detached, Guest House
- Parcel number: 066084063
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Raised
- Roof: Composition,Rolled/Hot Mop
Condition
- Fixer
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Fishing, Golf, Hiking, Street Lights, Water Sports, Park
Location
- Region: Morro Bay
- Subdivision: Morro Heights (810)
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,042,000
2% more+ $20,840
With Zillow Showcase(estimated)
$1,062,840